What is 'settlement rule' in SAP FIN-BAC-INV - Inventory Accounting?

settlement rule - Overview

• Component: FIN-BAC-INV

• Component Name: Inventory Accounting

• Description: Controls how the costs are to be distributed for each settlement receiver for joint production or subcontracting

settlement rule - Details

• 
  Key Concepts: 
  Settlement rule is a feature of SAP Inventory Accounting (FIN-BAC-INV) that allows users to define the rules for how inventory costs are settled to cost centers or orders. The settlement rule defines the criteria for when and how the costs are settled, such as the time period, cost element, and cost center. 
  
  How to use it: 
  To use the settlement rule feature, users must first define the criteria for when and how the costs are settled. This includes specifying the time period, cost element, and cost center. Once these criteria have been defined, users can then assign the settlement rule to a specific inventory document. This will ensure that all costs associated with that document are settled according to the defined criteria. 
  
  Tips & Tricks: 
  It is important to note that settlement rules can only be assigned to inventory documents that have not yet been posted. Once an inventory document has been posted, it cannot be changed or modified. Therefore, it is important to ensure that all settlement rules are assigned prior to posting an inventory document. 
  
  Related Information: 
  For more information on settlement rules in SAP Inventory Accounting (FIN-BAC-INV), please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_ERP_Central_Component/6.0/en-US/f2f9a7d8b3e14c8a9f3d7c2b5f1e4d6a.html